Gold: $2392.80 8.06
Silver: $28.50 0.12
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Category Archives: Silver.com News

November 2nd Mid-Week Market Update

Posted on November 02, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both gold and silver are seeing some heavy buying interest in early action today. Increasing anxiety over the upcoming Presidential election is likely fueling some safe haven demand. Donald Trump has been closing the gap between himself and Hillary Clinton, and is now in the lead according to at least one poll. From…

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October 28th Weekly Silver Market Update

Posted on October 28, 2016 by Kyle Wanchalk in Silver.com News

Precious metals bounced around between small gains and losses all week, as spot values were influenced by the sizeable batch of economic reports that have been dealt since Monday. On the whole, economic data from the US was upbeat, but a few downtrodden reports mixed in helped metals regain some ground lost. Also helping prop…

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October 26th Mid-Week Market Update

Posted on October 26, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are moving slightly lower in early action on Wednesday. In a week rich with economic data as well as speaking engagements by various Fed officials, investors are trying to gauge the likelihood of a December interest rate hike from the central bank. As it stands, Fed Funds futures are…

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October 21st Weekly Silver Market Update

Posted on October 21, 2016 by Kyle Wanchalk in Silver.com News

Precious metals began the week making decent gains, especially when you consider interest rate expectations and the tone of US economic data. During the week, we were on the receiving end of some important data as well as a few eyebrow-raising talking points. Even though, by Wednesday, both gold and silver were poised for nice…

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October 19th Mid-Week Market Update

Posted on October 19, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are seeing some buying interest in early action today as some technical buying is featured and as some key outside market action is supportive. Gold and silver have not been able to mount and sustain any significant rallies in recent action, and perhaps today’s upside could be the beginnings…

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October 14th Weekly Silver Market Update

Posted on October 14, 2016 by Kyle Wanchalk in Silver.com News

Even though this week’s losses do not come close to replicating what we saw a week ago, precious metals still did have a pretty rough go of things these past 5 days. The simple fact of the matter is that an overwhelming majority of investors are under the impression that interest rates are going to…

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October 12th Mid-Week Market Update

Posted on October 12, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both gold and silver are moving slightly higher in early trade today. The precious metals may remain somewhat subdued today as investors await this afternoon’s release of the latest FOMC meeting minutes. A primary area of focus for the precious metals has been the stronger dollar index, which is trading at multi-month highs….

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October 7th Weekly Silver Market Update

Posted on October 07, 2016 by Kyle Wanchalk in Silver.com News

Precious metals are doing well to close out the week, but on the whole will be reflecting on some pretty significant losses. There was a slew of US economic data made public this week as well as some commentary from the Federal Reserve. To make an otherwise long story short, it is safe to say…

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October 5th Mid-Week Market Update

Posted on October 05, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are seeing some very small gains today following yesterday’s rout. The selling seen in these precious metals is the subject of some debate. Although the dollar index was moderately higher yesterday and there was some hawkish talk from Richmond Fed President Jeffrey Lacker, the amount of selling seemed to…

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September 30th Weekly Silver Market Update

Posted on September 30, 2016 by Kyle Wanchalk in Silver.com News

Precious metals were able to gain some traction to end the week, however the week as a whole has not been very kind to metals. Being that this is the last trading week in September, there was a good bit of economic data to mull over and discuss. What’s more, the first presidential debate between…

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September 28th Mid-Week Market Update

Posted on September 28, 2016 by Chelsea Mies in Silver.com News

Market Overview: The precious metals complex is mixed in early trade this morning, with gold drifting slightly higher while silver drifts slightly lower. The precious metals and other markets are still digesting this week’s Presidential debate, and the close race will likely be the main area of focus for investors over the next several weeks….

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September 21st Mid-Week Market Update

Posted on September 21, 2016 by Chelsea Mies in Silver.com News

Market Overview: Markets had been seeing some movement earlier today ahead of this afternoon’s FOMC meeting announcement. Gold and silver were both stronger today heading into the highly anticipated meeting, and are thus far holding gains following the announcement. Investors will now look forward to the press conference with Fed Chairwoman Janet Yellen. Key Data…

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September 16th Weekly Silver Market Update

Posted on September 16, 2016 by Kyle Wanchalk in Silver.com News

Precious metals bounced around between small losses and gains all week, but by the time the week was brought to a close it was clear to see that metals came up short and will finish things in the red. As has been the case for months and months now, the predominant story line was that…

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September 14th Mid-Week Market Update

Posted on September 14, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are seeing some slight gains in early action today as stocks attempt to find some more solid footing. Bargain hunting and short covering are likely being featured, although gold and silver remain on the defensive. Investors continue to speculate on the Fed’s plans regarding interest rates, and a hike…

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September 9th Weekly Silver Market Update

Posted on September 09, 2016 by Kyle Wanchalk in Silver.com News

Gold and silver began the week in impressive fashion, making sizeable gains through the first two days. Shortly thereafter, however, those gains were erased and the losses began to pile. From Wednesday through to the end of the week, both gold and silver were the subject of a decent amount of losses, thanks to a…

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September 7th Mid-Week Market Update

Posted on September 07, 2016 by Chelsea Mies in Silver.com News

Market Overview: Silver is seeing a little selling in early action today while gold has rebounded into positive territory. Seeing some profit taking should come as no surprise following recent strong gains in both gold and silver. Recent weaker than expected economic data has fueled some buying in precious metals, as expectations for a September…

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September 2nd Weekly Silver Market Update

Posted on September 02, 2016 by Kyle Wanchalk in Silver.com News

Precious metals managed to finish the week strongly thanks to August jobs data that mostly missed the mark. Even though the beginning of next week is supposed to mark the beginning of more market activity, this week was quite exciting and had a lot to talk about, especially as it relates to employment data and…

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August 31st Mid-Week Market Update

Posted on August 31, 2016 by Chelsea Mies in Silver.com News

Market Overview: Silver is moving slightly higher today while gold is slightly in the red. Low summer trading volumes are likely a factor today in the mixed action being seen in these two precious metals, and volumes are likely to remain very thin through the Labor Day Holiday weekend. Market participants are closely examining the…

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August 26th Weekly Silver Market Update

Posted on August 26, 2016 by Kyle Wanchalk in Silver.com News

For gold and silver, the week that has just passed was yet another that investors would like to completely forget. Put simply, there was not much delivered this week that lent itself to boosted spot values. In fact, most of the data that was dealt worked contrary to metals’ growth prospects. The early parts of…

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August 24th Mid-Week Market Update

Posted on August 24, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are under selling pressure today in what may be some risk aversion and position squaring ahead of the Fed symposium from Jackson Hole, Wyoming this week. Expectations for a more hawkish Fed have risen in recent weeks as several key data points have shown better than expected readings. While…

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August 19th Weekly Silver Market Update

Posted on August 19, 2016 by Kyle Wanchalk in Silver.com News

Precious metals ended the day suffering small losses and will reflect on this week as one we can quickly forget. Though there was not an abundance of economic data dealt, this week did provide a bit more activity than you might have anticipated from a week in the middle of August. Still, despite losing some…

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August 17th Mid-Week Market Update

Posted on August 17, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are moderately lower in early action today as investors await the release of the latest Fed meeting minutes this afternoon. Low summer trading volumes may also be a factor today and over the next few weeks, and some degree of volatility could be seen going into and in the…

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August 12th Silver market Update

Posted on August 12, 2016 by Kyle Wanchalk in Silver.com News

Precious metals continued to lose value on Friday and the week as a whole was more or less lost. To be fair, there wasn’t all that much in the way of fresh economic data dealt, however the data that was dealt ended up mostly working against metals. In addition to some data from the US,…

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August 10th Mid-Week Market Update

Posted on August 10, 2016 by Chelsea Mies in Silver.com News

Market Overview: Both silver and gold are moving higher today, as some dollar index weakness encourages buying. Stocks are relatively quiet as investors await more economic data and any further clues from the Fed about the potential for a September or December interest rate hike. Summer trading volumes appear to have arrived, and price action…

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August 5th Weekly Silver Market Update

Posted on August 05, 2016 by Kyle Wanchalk in Silver.com News

Precious metals, which performed half-decently throughout much of the week, took a big hit on Friday thanks to an unemployment report that shocked just about everyone. On the whole, there were a few noteworthy happenings this week. Central bank policy changes, US economic data, and a few other items made their way into the news…

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